Imagine increasing the dollar value of offers on your home's sale price by 1% to 5%. According to the National Association of Realtors, last year, 20% of buyers' agents indicated that home staging increased the likelihood of this compared to similar homes on the market that weren't staged.
A higher return on investment (ROI) is not the only benefit. Staged homes also typically spend less time on the market. Potential buyers often purchase faster as staging allows them to visualize themselves living in the space.
It's not surprising that home staging's impact on property sales is making it a growing trend nationwide, including in Layton. It's one you should consider for your own home.
Understanding Home Staging
Home staging prepares residential properties for sale by making them appealing to potential buyers. It's an essential strategy for selling properties effectively, particularly in competitive markets like Layton, Utah. The staging process usually involves:
- Getting rid of clutter
- Patching and repairing
- Depersonalizing and neutralizing the space
- Rearranging furniture
- Adding decor
Real estate staging can help create a memorable first impression by highlighting your home's key features. An inviting atmosphere can also evoke feelings of comfort and increase a potential buyer's emotional connection to the property.
Benefits of Home Staging
Some top home selling tips often include boosting curb appeal and pricing your home competitively. Experts also recommend home staging. An article by Jean Folger at Investopedia lists it among six tips to sell a home faster.
Home staging has significant benefits which include:
- Increasing a home's sale price
- Lest time on the market
- Higher return on investment
It helps achieve this by providing the ideal showcase for better photos that increase viewings and the number of potential buyers that see your home.
Key Elements of Effective Home Staging
Staging can differentiate your property from others on the market, attracting more qualified buyers. However, for it to be effective, you should follow these key staging techniques:
Decluttering and Cleaning
A clean, clutter-free environment enhances buyer perception by allowing them to focus on the features that make your home unique. Removing personal items creates a clean slate for buyers so they can envision making the space their own.
Furniture Arrangement
Furniture can also highlight key features of your home by simply arranging it strategically. Furniture placement can also make a room appear larger by effectively optimizing the space and facilitating a natural flow throughout a room. It contributes to living areas feeling more functional and inviting for viewers.
Enhancing Ambiance
Property enhancement can influence a potential buyer's first impression of your home. Using lighting and decor can enhance your home's ambiance to create a welcoming atmosphere. Incorporating interior decoration ideas including the use of neutral colors and natural decor will help appeal to a broad range of buyers.
The Transformative Power of Home Staging
The transformative power of home staging is evident, as it has proven to increase ROI, increase a home's sale price, and reduce the time it spends on the market. You should consider staging for your Layton home as a strategic investment for a successful sale.
PMI Home Team will be with you at every step of the home selling process. Our professional team understands the complexities of Layton's real estate market and will ensure you get the best price for your home. Partner with us today for an exceptional, personalized experience.
